Home prices
The price of the median home in Fairwood is $514,500. It is about $145,840 (39%) higher compared to the surrounding areas.In comparison to the rest of the country it is roughly $297,000 (136%) higher, and is about $87,000 (14%) lower in comparison to the city of Washington.
Rents
The median monthly rent in Fairwood is $2,918. It is roughly $913 (45%) higher in comparison to the surrounding areas.In comparison to the entire nation it is approximately $1,856 (174%) higher, and is approximately $1,377 (89%) higher in comparison to the city of Washington.
Nearby places
Bowie
Bowie is Fairwood's neighbor to the east. The real estate prices there are substantially less expensive. The median home in Bowie is valued at $338,100, which comes out to $176,400 (52%) lower than Fairwood. Rents there are substantially less expensive. The median monthly rent in Bowie is $1,888, which is $1,030 (54%) lower than Fairwood.
Glenn Dale
Glenn Dale is Fairwood's neighbor to the northwest. Its real estate prices are somewhat less expensive. Glenn Dale's median home value is $412,500, which is $102,000 (24%) lower than Fairwood. Rents there are substantially less expensive. Glenn Dale's median rent is $1,797 a month, which works out to $1,121 (62%) lower than Fairwood.
Mitchellville
Mitchellville is Fairwood's neighbor to the southwest. The housing prices there are a lot less expensive. Mitchellville's median home value is $354,300, which works out to $160,200 (45%) lower than Fairwood. Its rents are significantly less expensive. Mitchellville's median rent is $2,175 per month, which is $743 (34%) lower than Fairwood.
Woodmore
Woodmore is Fairwood's neighbor to the south. Housing prices there are a little less expensive. Woodmore's median home cost is $431,600, which is $82,900 (19%) lower than Fairwood. Rent there is a little less expensive. In Woodmore the median rent is $2,627 per month, which is $291 (11%) lower than Fairwood.
Lanham
Lanham is roughly 3 miles west from Fairwood. Housing prices there are a lot less expensive. The median home in Lanham costs $306,800, which comes out to $207,700 (67%) lower than Fairwood. Rents there are substantially less expensive. In Lanham the median rent is $1,538 a month, which comes out to $1,380 (89%) lower than Fairwood.
